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Fri 07 Jul 2008Enough talk of the recession: what must we do to avoid it?
Pay, taxation and public spending must all be adjusted if we are to stem our seeming slide into economic doom, writes Patrick Honohan
THE REVERSAL in the fortunes of the economy may seem to have come very suddenly. But ever since about 2000, it has been increasingly evident the character of the Irish boom had changed. Before then, the economy was catching up by a process of competing in the world and living within our means.
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